City councillors have approved an emergency motion to provide temporary economic relief to Londoners during the novel coronavirus pandemic.
The motion, made public last week by Ward 3 Coun. Mohamed Salih, directed city staff to “take all necessary actions” to waive interest and penalties for unpaid property tax instalments and water and wastewater bills for 60 days. “It provides immediate assurance to people that really had to be done quickly with regards to March 30 payments,” Ward 6 Coun.
Phil Squire said. The motion will also see Community Improvement Plan loan repayments on an interest-free basis deferred for a minimum of 60 days, starting March 25.